With the world seemingly changing overnight and new aid programs, relief packages, and pushed deadlines changing by the hour, we wanted to create a place where you could get information. This is intended to provide information for small businesses and non-profits during this time.

MN Stay at Home Order

Updated Essential Workers for Stay at Home Order 4/8/2020
https://mn.gov/deed/assets/critical-worker-summary-ACC_tcm1045-427282.pdf
MN Stay Safe MN – Begins May 18th, 2020
https://mn.gov/covid19/for-minnesotans/stay-safe-mn/stay-safe-mn.jsp

Federal and MN State Tax

Federal Tax Filing Extended to July 15th:
https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed
MN Tax Filing Extended to July 15th:
https://www.revenue.state.mn.us/minnesota-department-revenue
MN Sales Tax Payments Extended Until April 20th:
https://www.revenue.state.mn.us/sales-and-use-tax
Filing for Relief or Extensions for MN Business Income Taxes:
https://www.revenue.state.mn.us/abatement-information-businesses

Paycheck Protection Program (PPP)

Application for Paycheck Protection Program
https://www.sba.gov/sites/default/files/2020-04/PPP%20Borrower%20Application%20Form.pdf
Current Guidelines for PPP
https://www.sba.gov/sites/default/files/2020-04/PPP–IFRN%20FINAL_0.pdf
SBA FAQs – Updated 5/13/2020
https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf
Download our PPP Forgiveness Toolkit
https://allinoneaccounting.com/ppp-forgiveness

Loans for Paycheck Protection Program are being handled through authorized lenders. We suggest reaching out to your financial institution to see if they are accepting applications. If you need assistance in calculating your loan eligibility or filling out the application please submit your information HERE.

MN Disaster Recovery Fund (MDRF)
*Non-Profits

MDRF Information and Application
https://mcf.org/minnesota-disaster-recovery-fund-coronavirus

MN Small Business Emergency Loans

Emergency Loans for Small Businesses in Order 20-04 and 20-08
https://mn.gov/deed/business/financing-business/deed-programs/peacetime/
Application for Small Business Emergency Loans
https://mn.gov/deed/assets/sbelp-application_tcm1045-424405.pdf
*Applications will be accepted by lenders on the apply tab.

MN DEED Small Business Loan Guarantee Program

Small Business Loan Guarantee Program
https://mn.gov/deed/business/financing-business/deed-programs/loan-guarantee/
*This program is still working to finalize approved lenders.

SBA Economic Injury Disaster Loans (EIDL)

EIDL Program Eligibility & Information
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance
Application for EIDL
https://covid19relief.sba.gov/#/
*You can get up to $10,000 grant disbursed immediately. If you applied for an EIDL before 3/31/2020 they suggest filling out the new application above.

Families First Coronavirus Response Act (FFCRA)

Full Guide on FFRA
https://www.federalregister.gov/documents/2020/04/06/2020-07237/paid-leave-under-the-families-first-coronavirus-response-act
IRS Overview of FFCRA
https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
What You Need To Know Article
https://allinoneaccounting.com/what-you-need-to-know-families-first-coronavirus-response-act-ffcra/

MN Unemployment Insurance

Executive Order for Unemployment Insurance in MN
https://www.uimn.org/employers/employer-account/news-updates/covid-19.jsp

At All In One Accounting, we take businesses from financial chaos to business clarity and beyond.  Our elite team of Accountants, Controllers, and CFOs are ready to help you in these uncertain times.  Visit our website here for a free consultation with one of our accounting professionals.